97
OR FAX FORM ON PAGE 119 TO 503-242-1814
129
PUBLISHED RESERVE: $499,500
LAST ASKING: $549,000
SIZE: 2,747± Square Feet (net rentable)
ZONING: Planned Unit Development
(PUD-347)
PROPERTY INSPECTION: Do not
disturb tenant. Call Auction Information
Office to arrange an Inspection.
FINANCING: None – All Cash
DESCRIPTION: The property is comprised of five ground floor condominiums consisting of 2,747±
net rentable square feet which have been configured into one large contiguous medical office suite in
Pleasant Hill, on Gregory Lane, and is currently leased to John Muir Health.
Two Worlds Condominiums was built in 1984, and the office space has a highly-partitioned central
hall layout, with an open reception area. There are two private offices, nine exam rooms and two
restrooms. The medical office has been leased since 1996 to the same user, with the current lease
generating $6,531 per month, with a lease expiration of October 2016. The lease is modified gross
with the tenant responsible for utilities and janitorial service and the landlord responsible for real
estate taxes, property management and exterior maintenance. HOA monthly fees of $2,658 are paid by
the landlord and cover exterior maintenance, insurance, outside common area, utilities, landscaping,
management and reserves. See Supplemental Information Package for a copy of the Lease.
Five Leased Office Condominiums near Bart Station
Pleasant Hill, California
N
Ross
Michaels
City
Hall
Cleveland Road
Gregory Lane
Contra Costa
Boulevard
